House prices in SW15 2 (East Putney)

This article reveals price per square metre data and various charts to help you understand current housing market in East Putney, London (SW15 2).

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Defining 'SW15 2'

This analysis is limited to properties whose postcode starts with "SW15 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it East Putney.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in East Putney is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. Flat 2 Buckland Court, St Johns Avenue, East Putney, London, sold for £580,000 on Mar-2024. Given the internal area of 74 square metres, the price per sqm is £7,837.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £7,500-£8,000, £8,000-£8,500, £8,500-£9,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 223 sales in East Putney (SW15 2) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in East Putney (SW15 2). Of the 223 transactions, half were sold for between £7,710 and £9,670 per square metre. The median, or 'middle', price per square metre in 'SW15 2' is £8,580. Notably, only 25% of properties that sold recently were valued at more than £9,670 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for East Putney, London

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring London. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for East Putney, London

Comparison with neighbouring postcode sectors

The table below shows how 'SW15 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
SW15 6 Putney	£6,800 sqm	£7,860 sqm	£9,200 sqm
SW15 3 Putney	£5,790 sqm	£6,870 sqm	£7,980 sqm
SW15 4 Barnes	£4,260 sqm	£4,760 sqm	£5,440 sqm
SW15 1 Putney	£8,580 sqm	£9,670 sqm	£10,760 sqm
SW15 5 Barnes	£6,200 sqm	£7,620 sqm	£8,580 sqm
SW15 2 East Putney	£7,710 sqm	£8,580 sqm	£9,670 sqm

Will London house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for SW15 2 (East Putney) compared with both the wider area SW15 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for London to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about London and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Deodar Road, East Putney, SW15 2N	151 sqm	£10,901	26
Carlton Drive, East Putney, SW15 2B	72 sqm	£7,465	25
Brewhouse Lane, East Putney, SW15 2J	81 sqm	£9,337	24
Upper Richmond Road, East Putney, SW15 2D	73 sqm	£9,655	22
Keswick Road, East Putney, SW15 2J	81 sqm	£7,447	22
Fawe Park Road, East Putney, SW15 2E	113 sqm	£8,889	22
Mexfield Road, East Putney, SW15 2R	133 sqm	£9,251	21
St Johns Avenue, East Putney, SW15 2A	92 sqm	£7,116	20

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Upper Richmond Road, East Putney, SW15 2F	76 sqm	£9,673	16

Upper Richmond Road, East Putney, SW15 2F has seen 16 new build sales in the last 4 years (average price £1,060,015). These new build homes typically have an internal area of 76 sqm, with an average price of £9,673 sqm. This £sqm average is £0 above the average for SW15 2. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of East Putney is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
Flat 2 Buckland Court, St Johns Avenue, East Putney, London	£580,000 Mar-2024	74	7,837
Flat 30 5, Oakhill Rd, East Putney, London	£705,000 Jan-2024	78	9,038
11, Disraeli Gardens, East Putney, London	£750,000 Jan-2024	99	7,575

See the entire list of all sales in East Putney (SW15 2) here.